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MIDWEST GRAIN PRODUCTS BUYS PILLSBURY FLOUR MILL
Knight-Ridder Financial |
Midwest Grain Products Inc. of Atchison, Kan., announced it had acquired the Pillsbury Co.'s local f
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 31, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MARATHON UNIT OF USX CORP. TO REDEEM NOTES
Journal of Commerce Staff |
USX Corp. said its Marathon Oil Co. unit will call for redemption on March 1 its 12 1/2 percent gua
RECORD US TRADE DEFICIT DAMPENS OUTLOOK FOR '87 HOPES OF LOWER DEFICIT DASHED BY HIGH FIGURE
Richard Lawrence |
A record $19.2 billion merchandise trade deficit in November raised more doubts about a substantiall
ENERGY BRIEFS
From Wire and Staff Reports |
Commission Approves 14 percent PSNH Rate HikeMANCHESTER, N.H. - Public Service of New Hampsh
BORDEN PLANS TO EXPAND RESIN PLANT
Journal of Commerce Staff |
A plant expansion program at Fayetteville, N.C., exceeding $10 million for the production of urea a
OPEC ACCORD FUELS OIL STOCK DEBATE
(Ap) |
The new oil-production accord reached by members of the Organization of Petroleum Exporting Countrie
SEOUL MAY HIKE US IMPORTS
P.T. Bangsberg |
Orange juice, grapefruit and cattle feed are among the agricultural productsfrom the United
Maritime
TVA BUYS COAL FROM KOPPER GLO
Journal of Commerce Staff |
The Tennessee Valley Authority purchased 22,000 tons of coal from Kopper Glo Fuel Inc., Clairfield,
PHILADELPHIA SUBZONES HAVE MIXED SUCCESS
James Asher |
The Ford Electronics and Refrigeration Corp. of Lansdale, Pa., in 1986, saved about $15 million with
MARITIME BRIEFS
From Wire and Staff Reports |
Private Owner Buys Swedish Shipping LineShipowners Nordstrom & Thulin AB of Stockholm have t
Maritime
3 NATIONS LOSING US DUTY-FREE STATUS
Richard Lawrence |
The Reagan administration is expected, in an unprecedented move, to end special duty-free access for
AUSTRALIAN SUBSIDIES ON WHEAT EXPECTED
Knight-Ridder Financial |
The Australian government will probably subsidize wheat exports by about $10 to $15 per metric ton,
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FLA. DOCTORS PROTEST INSURANCE LAW
(Ap) |
Doctors protesting a new malpractice insurance law were scheduled to stop offering their services Ne
AMERICAN EXCESS REACHES $75 MILLION CAPACITY GOAL
Journal of Commerce Staff |
American Excess Insurance Association said its capacity is up almost 50 percent as a result of new s
OLYMPIA TRIES TO DIVERSIFY
Gloria Joseph |
Timber may always be the bread-and-butter commodity at the port of Olympia, but seed used to grow gr
Maritime
ON THE MOVE
Staff Report |
Sen. Bentsen Gets Marine Panel Post WASHINGTON - The merchant marine industry received a
SENATOR LINE TO POST DETAILS OF NEW SERVICE
Simon Cameron Moore |
Senator Line, the West German round-the-world container shipping service scheduled to start up in th
Maritime
APL, LYKES GET SHIPS IN SWAP
Robert F. Morison |
The Maritime Subsidy Board approved a complicated swap of foreign building rights and vessels involv
US STILL WAITING FOR SPENDING SPURT
(Ap) |
If the United States were experiencing a typical period of economic expansion, business spending for
SQUIBB CORP. SELLS CHARLES OF THE RITZ
Journal of Commerce Staff |
Squibb Corp. consummated the sale of the business of Charles of the Ritz Group Ltd., Squibb's fragra
W. GERMAN YARDS GLOOMY ABOUT '87 FURTHER CUTBACKS EXPECTED IN OUTPUT, EMPLOYMENT
Jess Lukomski |
West Germany's shipbuilding industry, shaken by a number of bankruptcies in 1986, is resigned to the
Maritime
DOUGLAS UNVEILS PROGRAM BOARD GIVES GREEN LIGHT TO LAUNCH MD-11
Bill Mongelluzzo |
With 50 firm orders for the MD-11 and options for 42 additional planes, Douglas Aircraft Co. is intr
EXXON CUTS LINKS TO SOUTH AFRICA COMPANY SELLS AFFILIATES TO INDEPENDENT TRUST
(Ap) |
Exxon Corp. announced it had sold its interest in its South African affiliates, joining the exodus o
JAPANESE ECONOMISTS ATTACK '87 BUDGET
A.E. Cullison |
Japan's new budget cannot work to assist the government in achieving its economic growth target of 3
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Taiwan Will Boycott ADB Meeting in AprilTAIPEI, Taiwan - Taiwan will boycott the annual meet
COST OF CREDIT
JOC Staff |
Tuesday, December 30, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INTEGRITY UNDER REHABILITATION
Journal of Commerce Staff |
Integrity Insurance Co. was placed under rehabilitation in a consent order signed Tuesday by the Sup
REAGAN TO ASK SPENDING CUTS IN ENERGY R&D
Tim Sansbury |
President Reagan once again will call for cuts in spending for basic energy research programs in the
FOREIGN HEADLINES
From Wire and Staff Reports |
Student Elected HEFEI, China - A student who declared himself a candidate has been elected t
Maritime
FDA APPROVES BRISTOL-MYERS HEART DRUG
Journal of Commerce Staff |
Bristol-Myers Co. announced that the Food and Drug Administration has approved the release of Enkaid
ASIAN MINISTERS TO DISCUSS PLAN TO CUT TIN PRODUCTION
Knight-Ridder Financial |
Mining industry ministers of Thailand, Malaysia and Indonesia will meet in Singapore Jan. 9 to seek
NFA VOTES TO REVOKE MEMBERSHIP OF BROKER
(Ap) |
The National Futures Association has voted to expel troubled First Commodity Corp. of Boston, a move
OSHA INSPECTIONS CRITICIZED
(Ap) |
Some state and local prosecutors have been going after businessmen who endanger their workers, citi
MARITIME BRIEFS
From Wire and Staff Reports |
Coast Guard Revising Load Line RegulationsThe Coast Guard has begun revising its regulations
Maritime
N. CALIFORNIA PORTS SEEK CARGO CLEARANCE SYSTEM
Journal of Commerce Staff |
An association of Northern California ports will pay $152,000 for a conceptual design for computers
Maritime
WESTINGHOUSE LOOKS TO THE CARIBBEAN
(Ap) |
Westinghouse, the electrical giant, is eyeing the Caribbean as a way to help it continue making some
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
MINISTRY OF INDUSTRIES, GOVERNMENT OF BANGLADESH INVESTORS' FORUM. Main objective is to promote fore
Maritime
NORTHEAST POISED TO CHALLENGE LAW UTILITY AWAITS PUC RULING ON POWER PURCHASE MANDATE
Journal of Commerce Special |
Northeast Utilities is awaiting a Connecticut Public Utilities Commission ruling before deciding if
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